MGX Minerals Reports 98m Grading 44% MgO in Phase II Drilling from Flagship Project

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Though calcium and sodium are perhaps the most commonly referenced, there are a number of minerals that are essential to our everyday health. For instance, potassium ensures proper nerve and muscle communication. Iron helps our muscles store and use oxygen. When it comes to the literal matters of the heart, magnesium oxide can be very useful. This macromineral is frequently used to treat heartburn, indigestion and low magnesium levels. MGX Minerals, Inc. ($XMG:CNX), a diversified Canadian mining company that’s engaged in the acquisition and development of industrial mineral deposits, is working to make sure that there won’t be a magnesium oxide shortage any time soon.

As released in their Driftwood Creek Magnesium project results from the first four drill holes of phase II, MGX Minerals has reported 98 meters grading 44% magnesium oxide. The Driftwood Project, with the ultimate goal ofconstructing a quarry mine processing plant to produce magnesium oxide, is targeting extensions of magnesite mineralization along strike in the Western Zone.

Located in the mining district of British Columbia, MGX Minerals’ flagship project contains Mineralization traced over strike length of 1,900 meters that remains open in both directions and at depth. Containing two high-grade mineralized zones, the site is potentially responsive to low-cost, open pit mining methods.

Flagship Project Continues to Yield Positive Results

These initial results continue MGX Minerals’ winning streak. Earlier this month, The B.C. Ministry of Forests awarded the company the required permits for magnesite mining. The Driftwood project commenced drilling this past August, completingten drill holes totaling approximately 3,100 feet in late September. Also, in July, the company acquired 100% of the Longworth Silica Property from Zimtu Capital Corp. ($ZC:CA) where they will conduct a multi-phase exploration program.

With consistent positive updates from Driftwood, MGX Minerals’ 12 hole drill program is nearing completion. The continued success of the Driftwood Project ensures that magnesium oxide will be readily available for the production of over-the-counter medicines that help treat everyday discomforts in the near future.

For more information about MGX Minerals,

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